Announcements
Mar 12, 2024
Dear Valued Client:
In our continuous effort to streamline our BPI Investment Fund offering, we would like to inform you of the termination of BPI Fixed Income Portfolio Fund-of-Funds effective April 1, 2024.
While not exactly similar, we have identified the following alternative products for your consideration that you can invest in singly or in combination, depending on your risk profile and return preference:
| BPI Short Term Fund | ABF Philippines Bond Index Fund |
|---|---|
For moderately conservative investors looking for steady returns with an investment horizon of at least one (1) year.
The Fund seeks to provide liquidity and stable income through a diversified portfolio of primarily short-term fixed income investments.
Duration*: 0.14 Annualized Returns*:
Visit the BPI Short Term Fund page to learn more. | For moderately aggressive investors looking for growth and income opportunities over the long term (i.e., at least five (5) years).
The Fund aims to achieve returns that closely track the total return of the iBoxx ABF Philippines Index (before fees and expenses) by investing in a diversified portfolio of peso-denominated sovereign, quasi-sovereign, and supranational bonds.
Duration*: 5.47 Annualized Returns*:
Visit the ABF Philippines Bond Index Fund page to know more. |
*As of December 2023
We understand that this termination may prompt questions, and we want to assure you that your interests remain our top priority. To assist you in reviewing your investment options, one of our Investment Advisors will contact you soon. Alternatively, you may email us at bpiwealth@bpi.com.ph for your questions or clarifications.
Should you consider shifting your investments in other products, you may redeem your participation in BPI Fixed Income Portfolio Fund-of-Funds until March 26, 2024. If no action is taken, BPI Wealth will automatically redeem your units on March 27, 2024, and credit the proceeds to your nominated BPI deposit settlement account on April 3, 2024.
We are grateful for your trust, and we look forward to continuing your investment journey with us.
Sincerely,
Christmas G. Sevilla
Head, Business Services and Operations
Downloadable file
Final Financial Statement as of April 30, 2024
English
File-type
File-size
Disclosure:
Unit Investment Trust Funds (UITFs) are NOT DEPOSIT products and are not an obligation of, or guaranteed, or insured by BPI Wealth or Bank of the Philippine Islands (BPI) or its affiliates or subsidiaries, and are not insured by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of the investment, yield and potential yields cannot be guaranteed. Any income or loss arising from market fluctuations and price volatility of securities held by a UITF, even if invested in government securities, is for the account of the investor/trustor. As such, units of participation of the investor/trustor in a UITF, when redeemed, may be worth more or be worth less than his/her initial participation/contribution. Historical performance, when presented, is purely for reference purposes and is not a guarantee of future results. BPI Wealth is not liable for losses, other than due to willful default, evident bad faith or gross negligence. Investors are advised to read the Declaration of Trust of the relevant UITF before deciding to invest.
For inquiries and comments, please send us a message by visiting the BPI or BPI Wealth website and click the Contact Us page. You may also call our 24-hour BPI Contact Center at (+632) 889-10000.
BPI is regulated by Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph
Discover more
| BPI is regulated by the Bangko Sentral ng Pilipinas